Alvarez & Marsal Reviews in New York City, NY | Glassdoor

Alvarez & Marsal New York City Reviews

9 reviews

Filter

Filter

New York City, NY Area

4.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Alvarez & Marsal Co-Founders & Co-CEOs Tony Alvarez II & Bryan P. Marsal
Tony Alvarez II & Bryan P. Marsal
5 Ratings

9 Employee Reviews

Sort: PopularRatingDate

Pros
  • great team work, compensation, work-life balance (in 23 reviews)

  • Great pay/bonus program, very good work/life balance, smart people, can make a big impact with a good idea at the firm (in 16 reviews)

Cons
  • Work/Life balance is always an issue in professional services (in 33 reviews)

  • Long hours but that is expected (in 10 reviews)

More Pros and Cons

  1. "Fair"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alvarez & Marsal (More than 5 years)

    Pros

    Lots of opportunities, compensation package, maternity leave

    Cons

    work-life balance, involvement of junior team members

    Advice to Management

    Get junior folks involved on teams and within the Company.


  2. Helpful (1)

    "Executive Administrative Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Administrative Assistant in New York, NY
    Former Employee - Executive Administrative Assistant in New York, NY
    Recommends

    I worked at Alvarez & Marsal (Less than a year)

    Pros

    Excellent environment, supportive staff - no micro managing

    Cons

    Team often worked offsite, lots of downtime in office

  3. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineer in New York, NY
    Current Employee - Systems Engineer in New York, NY
    Neutral Outlook

    I have been working at Alvarez & Marsal full-time (Less than a year)

    Pros

    Good verity of products used for business

    Cons

    Lack of communication could be an issue


  4. Helpful (2)

    "Great Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Recommends
    Positive Outlook

    I have been working at Alvarez & Marsal full-time (More than 3 years)

    Pros

    Interesting assignments. Fast growing firm. Lots of career upside opportuntity

    Cons

    Some self absorbed executives. Significant pressure to perform


  5. Helpful (5)

    "Above-average compensation for my field, non-bureaucratic culture, very collaborative environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in New York, NY
    Current Employee - Anonymous in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A&M has, as one CEO said, "a healthy disregard for bureacracy." This is woven into its culture, and it is a refreshing change from most corporate environments this size. Although there is a clear hierarchical structure, there is also, paradoxically, a "flat feeling" to it all - a shared ownership model that gives each employee respect and equitable relations with peers.

    The company also offers solid compensation. In my department, the salaries are significantly higher than they are for similar positions in the same industry at other companies, in my experience.

    A third positive is the level of collaboration. Our department is definitely an example of "the whole being greater than the sum of its parts." Innovation, entrepreneurial spirit, and friendly competition exist - but these are well balanced against a cooperative and collaborative ethos. Micromanagers and bureaucrats seem to have a tough time here.

    Cons

    Every plus can, when pushed too far, become a negative. That "healthy disregard for bureacracy" takes some getting used to, as one witnesses projects materialize in rather unorthodox, sometimes even whimsical, ways. This can be off-putting for someone who cannot function without process and protocol.

    There is also a tacit expectation to always sort of be "on", plugged in. You are issued a Blackberry, and laptop on Day One. And there is sort of an unspoken expectation that you will check your emails and keep your phone powered up on weekends, personal days off and vacations. But this isn't super-strict, and the anti-bureaucratic culture serves as a check against this to a degree.


  6. "Senior Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director in New York, NY
    Current Employee - Senior Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alvarez & Marsal full-time (More than 5 years)

    Pros

    Lots of growth and opportunity.

    Cons

    Growing pains- less structure which is positive and negative.


  7. "Self Managed and Disciplined"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alvarez & Marsal full-time (More than 3 years)

    Pros

    Staff are expected to be fully self-managed and able to conduct the firm's business in front of client's at all levels. Being "technical" is not frowned upon, but embraced at all levels in the firm.

    Cons

    The compensation model doesn't accomdate for years where billable collections do not exceed the salary threshold to qualify for bonus.

  8. "Good work environment, highly competitive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Positive Outlook
    Approves of CEO

    I worked at Alvarez & Marsal full-time (More than a year)

    Pros

    Good staff, highly trained and competent. Business was up and down when I was there, but could be very busy at times. Potential to advance and make good money if you do a great job.

    Cons

    Highly competitive environment for staff and employees. Could see potential for people trying to be too competitive over getting jobs and credit.

    Advice to Management

    Understand the thoughts of employees and work to maintain a positive environment. Offer more and better opportunities to grow through more training/classes.


  9. Helpful (3)

    "Mixed"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY
    Approves of CEO

    Pros

    Excellent network of bright professionals throughout the firm's national offices.
    Recognition in the workplace due to engagement in high profile client matters.
    Potential for total compensation is unlimited.

    Cons

    Culture is inconsistent throughout various business groups.
    Less supportive of a healthy work/life balance (depending on business group).
    Lack of information sharing.

    Advice to Management

    Development of staff and management should be a higher priority as the firm appears to be top heavy in some divisions.


Showing 9 of 285 reviews
Reset Filters